HFF, Inc. (NYSE:HF) Upgraded at BidaskClub
BidaskClub upgraded shares of HFF, Inc. (NYSE:HF) from a hold rating to a buy rating in a research note issued to investors on Tuesday morning.
A number of other brokerages have also weighed in on HF. ValuEngine raised shares of HFF from a hold rating to a buy rating in a research note on Thursday, July 6th. Zacks Investment Research lowered shares of HFF from a strong-buy rating to a hold rating in a research note on Tuesday, June 27th. Keefe, Bruyette & Woods reaffirmed a hold rating on shares of HFF in a research note on Wednesday, May 3rd. Finally, TheStreet lowered shares of HFF from a b- rating to a c rating in a research note on Wednesday, May 17th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and a consensus target price of $32.00.
Shares of HFF (HF) traded up 4.67% during midday trading on Tuesday, hitting $36.98. The stock had a trading volume of 248,788 shares. The stock has a market cap of $1.43 billion, a PE ratio of 16.76 and a beta of 1.20. The firm has a 50 day moving average price of $34.52 and a 200-day moving average price of $30.80. HFF has a 52-week low of $24.84 and a 52-week high of $36.99.
HFF (NYSE:HF) last issued its quarterly earnings results on Thursday, July 27th. The financial services provider reported $0.49 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.40 by $0.09. The firm had revenue of $137.36 million for the quarter, compared to analyst estimates of $127.81 million. HFF had a net margin of 15.51% and a return on equity of 40.60%. Equities analysts predict that HFF will post $2.19 EPS for the current fiscal year.
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In related news, insider Matthew D. Lawton sold 16,335 shares of the firm’s stock in a transaction dated Monday, May 1st. The shares were sold at an average price of $31.55, for a total value of $515,369.25. Following the transaction, the insider now directly owns 268,576 shares of the company’s stock, valued at approximately $8,473,572.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 5.70% of the company’s stock.
A number of hedge funds have recently added to or reduced their stakes in the stock. Texas Permanent School Fund increased its stake in HFF by 1.8% in the second quarter. Texas Permanent School Fund now owns 25,909 shares of the financial services provider’s stock worth $901,000 after buying an additional 446 shares during the last quarter. Bbva Compass Bancshares Inc. increased its stake in HFF by 4.0% in the second quarter. Bbva Compass Bancshares Inc. now owns 35,556 shares of the financial services provider’s stock worth $1,236,000 after buying an additional 1,379 shares during the last quarter. Great West Life Assurance Co. Can increased its stake in HFF by 6.5% in the second quarter. Great West Life Assurance Co. Can now owns 50,894 shares of the financial services provider’s stock worth $1,769,000 after buying an additional 3,120 shares during the last quarter. NGAM Advisors L.P. increased its stake in HFF by 3.9% in the second quarter. NGAM Advisors L.P. now owns 137,000 shares of the financial services provider’s stock worth $4,763,000 after buying an additional 5,083 shares during the last quarter. Finally, Albert D Mason Inc. acquired a new stake in HFF during the second quarter worth approximately $245,000. Institutional investors own 88.06% of the company’s stock.
HFF Company Profile
HFF, Inc is a holding company. The Company holds the partnership interests in Holliday Fenoglio Fowler, L.P. and HFF Securities L.P. (together, the Operating Partnerships), held through the subsidiary HFF Partnership Holdings, LLC, and all of the outstanding shares of Holliday GP Corp. (Holliday GP).
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